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Supply Demand And Price Change

supply, demand, and price change

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Title: supply, demand, and price change

Essay Details:

Subject: Business

Author: Dorothy C

Date: November 15, 2014

Level: University

Grade: A

Length: 3 / 611

Essay text:

The Xbox 360 Core System is now $299.99 and is a basic console with a 9 foot long corded controller, Xbox Live silver subscription, and standard audio / visual cables (Wikipedia, 2005). "Most retailers have refused to say how many of the consoles they have in stock, but Microsoft has conceded that an ambitious plan to launch the console worldwide within a few weeks will mean fewer consoles initially in North America." (CNN.com, 2005). This statement made by Microsoft representatives, warned consumers that there was a low supply of this product, and that there would continue to be a low supply, for some time...

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